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Palantir shares plunge on news of Pentagon budget cuts order

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Summary
Nutrition label

79% Informative

Palantir closed trading Wednesday at $ 112.06 per share, a drop of 10% .

The company is best known for its contracting work providing software and technology services for defense agencies.

The Washington Post said Defense Secretary Pete Hegseth has ordered senior Pentagon leaders and other military brass to develop plans to slash the defense budget.

VR Score

81

Informative language

78

Neutral language

76

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links